Cost of Living in Smithville, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
68.4
100 = national avg
-31.6 vs national average
Living Wage (1 Adult)
$30,116
per year
Living Wage (Family of 4)
$71,183
per year
Cost Index by Category
Housing61.0
Food80.8
Transportation61.6
Healthcare84.6
Utilities80.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$768
per month
2 Bedroom
$842
per month
The overall cost of living index in Smithville is 68.4, which is 31.6% below the national average. Housing costs are below the national average at an index of 61.0. A single adult needs to earn approximately $30,116 per year to cover basic expenses.